“Long-term, only green hydrogen from electrolysis via renewable energies will allow for a truly climate-neutral solution,” said Bernhard Osburg, chairman of the executive board at Thyssenkrupp Steel. “But other types of hydrogen can help to establish a market.”
“Blue hydrogen can replace fossil fuels with limited extra costs and if you do it in a large scale, you are able to take out a big chunk of emissions,” Grete Tveit, senior vice president for low carbon solutions at Equinor, said by phone. “For big emitters, that is a fast and cheaper solution.”
Blue hydrogen could be a particularly effective tool for oil and gas companies looking to re-purpose their existing investments—namely pipes. The same infrastructure that today carries natural gas up to the surface could instead be used to move carbon dioxide in the opposite direction.
According to Chris Goodall, energy economist and author of What We Need…
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